36 Industrial Park RdEast Lyme, CT 06357

Property Details for 36 Industrial Park Rd

Year built

1975

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.27 AC

Property size (Sq ft)

18,348 SF

Zone code

LI

Property type

Industrial properties

Property subtype

Other industrial properties

APN

ELYM M:026.3 B:00021 L:00000

APU

ELYMM0263B00021L00000

Description

This versatile 3,200 square foot property in East Lyme's Industrial Park offers a unique opportunity. The building, constructed in 1975, features a two-story design with a traditional office space on the second floor and industrial space on the first floor, both currently vacant. The entire 3,200 square feet is available for lease. The property sits on 1.27 acres of land with excellent frontage of 159 feet, providing ample space for parking and maneuvering. The building boasts two loading docks and three drive-in doors, catering to efficient loading and unloading operations. The property is equipped with 230-460 power and benefits from public water and sewer, as well as natural gas service provided by Yankee Gas. Zoned LI Light Industrial, this location offers convenient access to I-95 via Exit 74. Six parking spaces are available for the office space. The asking lease rate is $2.50 per square foot, plus utilities. While the property requires some work, this presents a cost-effective opportunity for a business seeking a flexible and well-situated space. The building is classified as Class B.

• Alternative Use

  Use

  Valuation

  Residential

  $3,472,159

  Hospitality

  $3,180,479

  Educational

  $2,646,121

  Medical

  $2,737,126

  Retail

  $4,116,189

Location Insight

City

Niantic

County

New London

State

Connecticut

Latitude

41.3531

Longitude

-72.214

CBSA code

35980

CBSA name

NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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